Manufacturing Employment Exceeds 13 Million for First Time Since 2008. Manufacturing employment rose by 17,000 in September, extending the gain of 11,000 in August and the fastest monthly increase since October 2022. Manufacturing growth has been more sluggish... Continue Reading
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I gifted a coach to a friend struggling to define her next chapter. A highly successful businesswoman, she left the workforce to raise her children. Now, she was an empty nester with decades of opportunity to look forward to, but she couldn’t figure out her next step. Coaching might help her... Continue Reading
Manufacturing leaders share their perspective on hiring and retaining high-quality employees. (Part 1 of 2.) The IndustryWeek Talent Advisory Board offers monthly advice on how its members got to where they are in the manufacturing world and their perspectives on issues facing the industry.... Continue Reading
In the age of rapid technological advancements and automation driven by AI, emotional intelligence, or EQ, is an indispensable asset for leaders. While AI excels at processing data, recognizing patterns and automating tasks, it needs to improve in empathy, nuanced contextual understanding,... Continue Reading
It is time once again to look into the crystal ball and predict the direction that business and industry will take in the coming year. With the general global economic downturn predicted to get worse before it gets better, companies are likely to remain cautious when it comes to spending and... Continue Reading
An effective warehouse layout can significantly reduce the risk of accidents while also boosting productivity. The fast-paced world of logistics and supply chain management operates with warehousing services as its critical hub. However, the bustling activity often comes with its own set of... Continue Reading
Business investment rose sharply in August The numbers: Orders for long-lasting or durable goods rose a stronger-than-expected 0.2% in August, but the increase stemmed from higher defense spending as the U.S. sought to replenish military hardware sent to Ukraine. Economists polled by the Wall... Continue Reading
NAM economist tells Smart Manufacturing Summit that soft landing is possible, but don’t expect labor supply to improve. Forgive manufacturing chiefs for feeling whipsawed by economic reports over the last year that have told a tale of a gradual slowdown while also chronicling the... Continue Reading
AI is more accessible than ever. With a wealth of historical data and existing subject matter expertise, processing plants are well positioned to create new opportunities. The successful application of AI across various industries has created a renewed focus on the robust economic value that AI... Continue Reading
Sensor technology is an invaluable asset for manufacturing safety. Safety is a non-negotiable aspect of any manufacturing environment. Whether it's an assembly line or a chemical processing unit, there’s always the potential for accidents. Sensor technology plays a pivotal role in... Continue Reading
Each week MTI sends Members a weekly business operational check-in. The check-in is one question on a key issue, providing some great insight into how Members are handling key issues, impacting their daily operations and overall strategy. The following are some key results over the last several... Continue Reading
Summer has been one for the history books as the market wrestled with UPS’ labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand. As the parcel express market moves from summer into fall, a perfect storm of carrier challenges, market... Continue Reading